EXTR Trade on Nov 4, 2013 11:41 from kylejensen34_BOWS: Tradervue User Stock Trades.

Daily Setup: PR Gapper
Intraday Setup: Break of downward trendline out of consolidation
Entry: $6.43 Target: $6.60 Stop: $6.33 r/r: 1.7:1
Detail: Bought when popped through intraday downward trendline in anticipation of 6.50 test. Stopped out when broke below MAs and VWAP
Takeaway: I think I had a good entry, but should hav tightened up my stop to directly below the VWAP when price didn’t continue higher or consolidate above the MAs

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-04 11:41:54	EXTR	buy	$6.430	long
2013-11-04 12:16:46	EXTR	sell	$6.310	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=EXTR&trade=699088&end=20131204&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=EXTR&trade=699088&end=20131104143646&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-11-04 16:55:09

This one kept making lower highs.. it was in a down trend.

EXTR Trade on Nov 4, 2013 11:41 from kylejensen34_BOWS: Tradervue User Stock Trades.

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